New Delhi [India], January 4 (ANI): A petition has been filed before the Supreme Court seeking initiation of contempt of Court proceedings and punish the Reserve Bank of India (RBI) Governor, Shaktikanta Das, and officials concerned of the State Bank of India (SBI) for allegedly and wilfully
Mumbai (Maharashtra) [India], January 1 (ANI): The Reserve Bank of India (RBI) will conduct simultaneous purchase and sale of government securities under open market operations (OMOs) for Rs 10,000 crore each on January 7.
New Delhi [India], December 30 (ANI): The Division Bench of Delhi High Court has issued a notice to Jindal Steel and Power Ltd on a plea moved by the Reserve Bank of India challenging single judge bench order in a matter related to the JSPL's transfer of money to its foreign subsidiary.
Mumbai (Maharashtra) [India], Dec 29 (ANI): The gross non-performing assets (GNPAs) ratio of scheduled commercial banks declined from 9.1 per cent at end-March 2019 to 8.2 per cent at end-March 2020 and further to 7.5 per cent at end-September, the Reserve Bank of India (RBI) said on Tuesday
Mumbai (Maharashtra) [India], December 24 (ANI): The Indian economy is recovering faster than expected and may post positive growth in the third quarter of current financial year, the Reserve Bank of India (RBI) said on Thursday in its report on state of the economy.
Mumbai (Maharashtra) [India], Dec 23 (ANI): The Reserve Bank of India (RBI) on Wednesday cautioned individuals and small businesses against falling prey to growing number of unauthorised digital lending platforms and mobile apps on promises of getting loans in quick and hassle-free manner.
Mumbai (Maharashtra) [India], December 23 (ANI): The Reserve Bank of India's (RBI's) recent draft circular on declaration of dividends by non-banking financial companies (NBFCs) will have a neutral-to-positive impact on government-owned NBFCs, India Ratings and Research (Ind-Ra) said on Wedn
New Delhi [India], December 22 (ANI): The Supreme Court has issued a notice on the Reserve Bank of India's plea seeking to transfer all cases related to the merger of Lakshmi Vilas Bank (LVB) with DBS Bank India pending before various High Courts to one location.
Mumbai (Maharashtra) [India], December 18 (ANI): The Reserve Bank of India (RBI) has decided to conduct another purchase auction of state developments loans (SDLs) under open market operations (OMOs) for an aggregate amount of Rs 10,000 crore on December 23.
Mumbai (Maharashtra) [India], December 13 (ANI): The Reserve Bank of India (RBI) Governor Shaktikanta Das on Sunday said Real Time Gross Settlement (RTGS) facility in the country will become operational from 12.30 am on Monday (December 14).
Singapore, December 8 (ANI): Fitch Solutions has maintained that the Reserve Bank of India (RBI) will lower its policy repurchase (repo) rate by another 50 basis points by the end of FY22 (April 2021 to March 2022) with forecasts specifically looking at 25 basis points at the last FY21 polic
Mumbai (Maharashtra) [India], Dec 4 (ANI): Equity benchmark indices closed 1 per cent higher on Friday as the Reserve Bank of India (RBI) kept key interest rates unchanged and upped its growth forecast to minus 7.5 per cent during FY21 from minus 9.5 per cent in the October review.